GLOBAL mining group BHP said today it expects China and India to boost demand for its commodities in the year ahead after profits took a hit from lower iron ore and copper prices.
The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, copper and potash, said net profit slumped 32% year-on-year to US$6.46 billion (RM28.6 billion) in the six months to December 31.